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Lesson One OUTPUT OF GOODS AND SERVICES 1

Lesson Two THE ADVANTAGES AND DISADVANTAGES OF THE CORPORATION 9

Lesson Three SEPARATION OF OWNERSHIP AND CONTROL 16

Lesson Four CONSUMER PROTECTION 25

Lesson Five HOW CORPORATIONS RAISE CAPITAL 34

Lesson Six THE INFLUENCE OF KEYNES IN ECONOMICS 45

Lesson Seven COMMERCIAL BANKING 55

Lesson Eight STOCK MARKETS 64

Lesson Nine COMMODITY FUTURES 76

Lesson Ten ADVERTISING ABROAD 84

Lesson Eleven THE CONTRACT 94

Lesson Twelve SERVICE AND SERVICE DELIVERY OPTIONS 103

Lesson Thirteen THE TERMS OF PAYMENT 112

Lesson Fourteen INFLATION(Ⅰ) 120

Lesson Fifteen INFLATION(Ⅱ) 129

Lesson Sixteen U.S.MONEY 137

Lesson Seventeen BANKRUPTCY 144

Lesson Eighteen PARTNERSHIPS 151

Lesson Nineteen SINGLE PROPRIETORSHIP 158

Lesson Twenty EXPORT DOCUMENTS 166

Lesson Twenty—one MARINE INSURANCE 173

Lesson Twenty—two COMMUNICATIONS ABROAD 183

Lesson Twenty—three OFFERS 190

Lesson Twenty—four THE PRO FORMA INVOICE 198

Lesson Twenty—five COMPLAINTS 206

Lesson Twenty—six THE WORLD BANK 214

Lesson Twenty—seven THE INTERNATIONAL MONETARY FUND(Ⅰ) 221

Lesson Twenty—eight THE INTERNATIONAL MONETARY FUND(Ⅱ) 228

Lesson Twenty—nine CLASSES OF CREDIT 235

Lesson Thirty BALANCE OF PAYMEMTS 242

Lesson Thirty—one PRICES 249

Lesson Thirty—two HOW DOES MARKETING WORK? 257

Lesson Thirty—three PUBLIC RELATIONS 265

KEY TO THE EXERCISES 272